Wetzel Investment Advisors Inc. Makes New Investment in JPMorgan International Bond Opportunities ETF (BATS:JPIB)

Wetzel Investment Advisors Inc. acquired a new position in shares of JPMorgan International Bond Opportunities ETF (BATS:JPIB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 51,420 shares of the company’s stock, valued at approximately $2,457,000. JPMorgan International Bond Opportunities ETF accounts for about 1.5% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 18th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in JPIB. Raymond James & Associates acquired a new stake in JPMorgan International Bond Opportunities ETF during the 1st quarter worth approximately $1,078,000. Flow Traders U.S. LLC raised its stake in shares of JPMorgan International Bond Opportunities ETF by 100.7% during the 1st quarter. Flow Traders U.S. LLC now owns 55,669 shares of the company’s stock worth $2,724,000 after buying an additional 27,930 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of JPMorgan International Bond Opportunities ETF during the 1st quarter worth approximately $4,608,000. Advisors Asset Management Inc. raised its stake in shares of JPMorgan International Bond Opportunities ETF by 32.6% during the 1st quarter. Advisors Asset Management Inc. now owns 7,530 shares of the company’s stock worth $368,000 after buying an additional 1,850 shares in the last quarter. Finally, Wescott Financial Advisory Group LLC purchased a new position in shares of JPMorgan International Bond Opportunities ETF during the 1st quarter worth approximately $211,000.

JPMorgan International Bond Opportunities ETF Stock Performance

Shares of JPIB stock traded up $0.05 during trading hours on Friday, reaching $46.84. 28,871 shares of the company’s stock were exchanged. The firm has a market cap of $416.88 million, a P/E ratio of 4.78 and a beta of 0.11. The business’s 50-day simple moving average is $47.41 and its 200 day simple moving average is $46.87.

JPMorgan International Bond Opportunities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.1925 per share. This is an increase from JPMorgan International Bond Opportunities ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, April 1st.

About JPMorgan International Bond Opportunities ETF

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US.